AppLovin Corporation maintains a "Moderate Buy" consensus rating. The average 12-month price target stands at approximately $651.77. Twenty-five analysts cover the stock. Twenty-one analysts recommend a buy. Three analysts suggest a hold. One analyst suggests a sell.
Fourth-quarter results exceeded earnings and revenue expectations. The company released its last earnings report on February 11. Revenue grew 66% year-over-year.
A potential new social media product supports the outlook.
The stock recently pulled back from its 12-month high. Investors monitor an ongoing SEC probe. Competitive uncertainties and market volatility persist.